Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.
Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing artificial intelligence.
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Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, ...
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Why Adobe (ADBE) Shares Are Getting Obliterated TodayShares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported ...
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Adobe analysts come away with positives from the company's Q1 results, including more visibility in AI monetization efforts.
Adobe CEO says the company has not been slow with AI monetisation. He explained how in an interview with CNBC on Thursday ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
Adobe's GenAI tools like Firefly streamline marketing workflows, enhance collaboration, and ensure safety, driving growth in ...
U.S. stock futures are ticking lower after indexes mostly rebounded yesterday, wholesale pricing data is due today, and Intel ...
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Adobe Stock now enables you to mass-edit with AI – but is it a nail in the coffin for stock photography, or another way for creators to earn money?Adobe Stock has been gradually introducing generative AI tools – but the latest tool enables users to select several images ...
Adobe's AI revenue falls short of expectations, casting doubt on growth. Find out why ADBE stock is a strong sell, with a ...
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